The discussion tracked with the notes and financials provided in the agenda and meeting packet. Topics of note included:

• Positive meeting with our bank. They acknowledged that we met our mortgage covenants for the past financial year, and indicate interest in working with MCCPS for any expansion.
  Discussions about the mortgage rate situation remained high-level given that our current interest rate is locked until Aug 2024
• Enrollment is at 224 (in line with budget assumption) due to attrition of 1 student following a family move.  A handful of new students may be joining after Exhibition in December
• Since we shared the notes in the meeting packet, DESE has now started to repay the school for meal expenses. There are caps for each lunch and breakfast but this will make a noticeable difference in the numbers going forward
• Schoolspring expense of $2k this month (platform to advertise teacher positions and receive candidacies)  
• Continued discussion about the setup of a Capital Expense fund.  Expenses in that fund need to be tied to the Capital Plan that is published by the school as part of its Annual Report in August.
• Appreciation bonuses ratified by the Board were paid in November and will show in November numbers.  

Ebbrell Design presented their pitch to the Facilities Taskforce, which viewed their proposal very favorably due to thoroughness of the pitch, competitive cost and all-female ownership of the design firm. 

The taskforce voted to send the proposal to the Finance Committe for review and approval before being sent to the Board for ultimate discussion at the upcoming Board Meeting.